Fed LIVE Blog from Steno Research
The Fed is yet to understand the ROOT cause of the crisis. Follow our LIVE-blog through the afternoon / evening!
When Fed Chair Powell goes on stage tonight we of course stay on the line for live coverage of the interest rate decision and the following speech. Get prepared and follow the meeting with us, as well as getting the best takeaways here on our live blog!
To follow our coverage, keep the article open on your devices - you don't want to miss this! The link to the LIVE-blog is found here -> https://stenoresearch.com/fed-live-blog/
We find the following to be the base-case now:
– The Fed will hike by 25bps to try and regain control of the narrative
– The Fed will soon thereafter admit to it being a mistake and communicate an end-date for QT
– Emergency cuts are in play already before the May meeting, if the crisis accelerates
– 200 bps worth of cuts to arrive before 2024